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Cargill profit quadruples, led by grain sector
January 9, 2013 / 2:20 PM / 5 years ago

Cargill profit quadruples, led by grain sector

CHICAGO, Jan 9 (Reuters) - U.S. agribusiness giant Cargill Inc said on Wednesday quarterly earnings quadrupled, led by its grain processing and origination sector.

Minneapolis-based Cargill, one of the world’s largest privately held businesses and a leader in world commodity markets, said net earnings totaled $409 million for the quarter ended Nov. 30, compared with $100 million for the same period a year ago.

Revenue rose 6 percent to $35.2 billion.

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